Deal signed to merge Champ Car and IRL

Owners of Champ Car and the Indy Racing League completed an agreement in principle Friday that will unify the sport for 2008.

Gerald Forsythe, co-owner of Champ Car, signed an agreement in principle in Chicago, joining his partner Kevin Kalkhoven and Indy Racing League founder and CEO Tony George who had signed late Thursday in Indianapolis.

Details about the agreement will be forthcoming. IRL PR